WEST CHESTER, Ohio – 9 January 2017 – CFM International is pleased to announce that is has finalized the agreement with Spring Airlines for the purchase of 120 LEAP-1A engines to power 60 Airbus A320neo aircraft.

The agreement was signed in conjunction with French President Emmanuel Macron’s visit to China.

In addition, the airline signed a 10-year Rate for Flight Hour agreement, under the terms of which CFM will support the entire fleet on a dollar per flight hour basis.

The total value of the agreement is $2.9 billion. The engine order was previously announced at the 2017 Paris Air Show.